Former Moldova PM Filat arrested over $1.4 billion bank fraud

KIEV (REUTERS) - Former Moldovan prime minister Vlad Filat was arrested on Thursday (Oct 15) after he was implicated in the theft of US$1 billion (S$1.4 billion) from the banking system that has led thousands to camp out in the capital in protest.

Television footage showed him being arrested in parliament by masked officials from Moldova's anti-corruption bureau. Earlier lawmakers voted to strip him of his immunity from prosecution on the request of the prosecutor.

Mr Filat denies any involvement in the crime.